Entries by newcryptopay

STRENGTHENING CYBERSECURITY FOR ONLINE BANKING

This commitment is for the protection of businesses and its customers The introduction of online banking has been one of the most accepted technological innovations in the finance sector. The convenience to do transactions through the internet, whether personal or for business purposes, has strengthened the banking industry. The migration to this technology to reduce […]

Building the Right Compliance Culture – Everything Starts with Senior Leaders

As a financial institution, Paytah is committed to operating in compliance with laws, standards, and rules and is continually working to meet these standards. As it has mentioned several times by now in its communications, Paytah continues to work on the global ‘know your customer'(KYC) procedures and measures, which emphasize regulatory compliance as the key priority. Paytah’s […]

PAYMENT SERVICES AND REGULATORY ENVIRONMENT

Financial institutions operate in a heavily regulated environment. Therefore, it is crucial that we understand and anticipate the impact of regulatory and legislative developments and appraise their impact on our business and our clients. REGULATORS The mission of a regulator in the financial industry is to augment public value, amplify the integrity and stability of […]

PAYTAH SUPPORTS GLOBAL GROWTH STRATEGY

The payment institution offers smart financial services   February 2020 – Considered as one of the top payment service providers in Europe, Paytah Payment Solutions (PAYTAH), which uses cutting edge financial technology applications, is also the first finance institution to offer IBAN (International Bank Account Numbers) running on blockchain.   A participant of the European […]

FINANCIAL INCLUSION THROUGH INNOVATIVE PAYMENT SOLUTIONS

Over the last decade, the significant growth in the global economy has given the previously excluded people traction in the formal economy. Still, billions of people are insufficiently provided with banking and payment services – the underserved businesses and individuals who need to get a foothold and to be financially empowered. In recent years, financial […]

Did a Bletchley Park Code-breaker Help Create Bitcoin?

In a recent interview with Fred Schebesta, Craig Wright alleged that the late British mathematician David Rees played a role in the creation of Bitcoin. As a mathematician, Rees began his career as an associate of Alan Turing at Hut 6 in Bletchley Park after 1939, where he was one of 450 code-breakers who contributed […]